With Karl Lagerfeld receiving the International Center of Photography's Trustees Award, the institution's annual gala on Monday night was a starry affair. Julianne Moore, Sean Lennon, and Irina Lazareanu came out to toast the designer, who was in a modest mood: "You know, I'm very flattered," he said. "Obviously I have the fashion background, but that's not really serious—this is." Following Lagerfeld to the dais were artist Tracey Moffatt, photojournalist Christopher Morris, and a sharp-tongued William Klein, who received the Lifetime Achievement Award. "Sounds kind of grim," he said of his accolade. "Where do you go from here?" Ryan McGinley, for his part, was more optimistic. The Young Photographer honoree told his fellow sharpshooter Todd Eberle, "My parents are here, and I think they've finally figured out that this is OK, that I can make some money doing this."

Uptown at the American Ballet Theatre's spring gala, Susan Fales-Hill declared, "There won't be the usual Cinderella drill tonight. Carolina Herrera gave some of us girls a 50 percent discount, so the dresses are not going back." Herrera may have played fairy godmother to a lucky few, but all the guests—a list that included Chelsea Clinton; Isabella Rossellini; and the Duchess of York, Sarah Ferguson—enjoyed fairy-tale magic and theatrics during the performances. "We went from the ultimate romance of Romeo and Juliet to the disgrace of love in Othello so quickly," said Valentino's Carlos Souza. "What an emotional roller coaster!"

For co-chair Tory Burch, the evening's highlight was the excerpt from The Sleeping Beauty. "Every time I see a performance of it," she said at dinner after the show, "I am reminded how much I love it." Did her date share her enthusiasm? "I wouldn't say that Lance [Armstrong] is a hardcore fan," said Burch with a laugh. The retired cycling champ sheepishly admitted that he'd missed the performance because he'd been running in Central Park: "I made it here, but I'm a bigger fan of Tory than I am of ballet."